Author: Crypto Editor

ROAD TOWN, British Virgin Islands, July 11, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, at present introduced a landmark operational milestone: surpassing $1.1 billion in cumulative buying and selling quantity throughout its preliminary interval of operation. This speedy ascent is supported by over 8.6 million complete trades, positioning AFX as one of many fastest-growing decentralized derivatives platforms within the 2026 Web3 panorama.Probably the most distinctive characteristic of AFX’s development is its superior capital effectivity. Whereas many decentralized protocols depend on large Complete Worth Locked (TVL) to draw quantity, AFX has achieved its $1.1 billion milestone with…

In short Circle secured ultimate OCC approval to ascertain a nationwide belief financial institution, shifting its $73.2 billion stablecoin to a unified federal framework. The milestone displays a dramatic regulatory shift underneath the Trump administration that has cleared the way in which for a number of different companies. Whereas Coinbase praised Circle’s information, the trade additionally lately backed a significant new rival stablecoin dubbed Open USD. Circle has acquired ultimate approval to ascertain a nationwide belief financial institution from the U.S. Workplace of the Comptroller of the Forex, a transfer that’s set to shift the stablecoin issuer’s operations from a…

Crypto trade Backpack has launched 24/7 buying and selling for choose tokenized US equities, permitting worldwide traders to commerce shares together with SpaceX, Micron and SanDisk across the clock.Underneath the preliminary providing, Backpack stated that traders would obtain direct possession of the underlying securities slightly than artificial publicity, with trades settling immediately and funded in fiat foreign money or stablecoins. The preliminary providing features a restricted choice of US equities, with extra shares deliberate.The corporate additionally provides Solana-based tokenized variations of the securities, which will be transferred between wallets, utilized in decentralized finance functions and transformed 1:1 into the corresponding…

The CBDC restrict expires on the finish of 2030, although there was little probability {that a} Fed digital forex would have been executed by then. There’s been restricted urge for food on the central financial institution, the place its earlier management — even earlier than the arrival of Trump’s latest Fed chair, Kevin Warsh — had lengthy mentioned that such an effort would require backing from the White Home and congressional authorization. There’s by no means been extensive help for a CBDC in Congress.However the concept — strongly opposed by the crypto business for its potential to compete with privately…

Circle wins OCC approval to launch Circle Nationwide Belief, bringing USDC custody and reserve operations beneath federal oversight.Circle has acquired closing approval from the U.S. Workplace of the Comptroller of the Forex. The approval permits the corporate to type First Nationwide Digital Forex Financial institution, N.A.The financial institution will function as Circle Nationwide Belief as soon as it launches. Circle stated the construction will place key digital asset companies beneath federal oversight.The approval comes as USDC stays broadly used throughout crypto buying and selling, funds, and settlement. Circle stated the financial institution will help custody for stablecoins and different tokenized…

Indian jewelers are chopping gold costs by as a lot as $19 an oz. this week as sharp volatility freezes retail shopping for, whereas China’s central financial institution retains including to its reserves. The distinction highlights diverging gold methods throughout Asia’s two largest markets throughout a unstable month for the steel. Spot costs dropped to a seven-month low in late June earlier than rebounding, fueling the extensive swings sellers cite this week. India’s Reductions Deepen as Consumers Hesitate Sellers in India minimize costs by as much as $19 an oz. this week, based on Reuters. Sharp volatility has discouraged recent…

Japan is shifting nearer to legalizing cryptocurrency ETFs after advancing laws that classifies digital property as regulated monetary merchandise. The proposed framework may pave the way in which for Bitcoin and XRP ETFs as early as subsequent 12 months. Monetary large SBI is already making ready ETF merchandise, together with a Bitcoin-XRP fund and a hybrid gold-crypto funding car. Japan is taking one other main step towards mainstream cryptocurrency adoption after Finance Minister Satsuki Katayama confirmed that the federal government stays on monitor to legalize cryptocurrency exchange-traded funds (ETFs). Talking through the Open QUICK 2026 seminar on July 10, Katayama…

When Binance pulled its MiCA license software in Greece and suspended EU providers forward of the July 1 regulatory deadline, European regulators could have anticipated customers emigrate towards licensed, compliant crypto platforms. The info on Binance EU withdrawals tells a unique story — and it raises uncomfortable questions on what MiCA is definitely reaching on the bottom. Key takeaways 70% of EU person funds withdrawn from Binance after the service suspension moved to self-custodied wallets, exterior any regulatory oversight. Solely 30% of withdrawn funds transferred to licensed, MiCA-regulated crypto platforms. Binance co-CEO Richard Teng argued this sample raises critical questions…

Bitcoin Checks $59,000 as Merchants Look For A Cleaner Rebound After Provide Stress is the type of crypto story that appears easy at headline degree however turns into extra helpful when you place it inside the broader market backdrop. Bitcoin’s rebound try can be a take a look at of market depth after a number of weeks dominated by authorities wallets, ETF flows, and shaky threat urge for food. The rationale it deserves consideration at present isn’t that one announcement or submitting magically modifications the entire market. It’s that the replace provides one other information level to a sector nonetheless…

Robinhood Chain sees 35% surgeWhat’s behind Robinhood Chain’s fast emergence? In lower than two weeks after the layer 2 blockchain launched, Robinhood Chain has continued to smash main milestones, flipping present networks in main metrics.Current information from DefiLlama reveals that Robinhood Chain has crossed $100 million in whole worth locked (TVL) inside nearly ten days of launch.Robinhood Chain sees 35% surgeThe information additional confirmed that the huge $101.03 million milestone in its TVL has come after the community noticed a fast surge of 35.75% within the metric during the last 24 hours. ‘Not Occurring’: Former SWIFT Exec Shuts Down XRP Integration…